FSF in the News
Autofile magazine, August edition 2021
Looming regulations to slow down loan deals on carsDealers and finance providers are preparing for law changes that come into force on October 1. They are expected to make the loan process longer, which is likely to impact sales and increase the cost for people seeking credit to help buy cars. Autofile talks to the experts...
Stuff.co.nz June 18 2021
'Too easy' for crooks says man whose identity was stolen to open a buy now, pay later loan accountLyn McMorran, executive director of the FSF, says identity fraud is a cost to lenders. It has been asking NZTA for controlled access to its database of driver's licence photos to develop systems to help mitigate fraud.
NZ Initiative 16 June 2021
Podcast: The practical problems of the Government's Feebate Scheme
The practicalities of the Government's new 'feebate' scheme are still unclear, as the Financial Services Federation's Lyn McMorran explains in a conversation with Eric Crampton, Matt Burgess and Oliver Hartwich.
Stuff.co.nz,23 May, 2021
Household debts climb despite Covid-era credit card 'conservativism'
NZ Adviser, April 20, 2021
Government in talks over next stage of Business Finance Guarantee SchemeThe scheme has helped 2,731 businesses in New Zealand with total approved exposure of $2.12 billion to date - however, with the scheme due to wrap up by the end of June, businesses are asking what kind of support is going to come next.
Stuff, January 23, 2021
Covid home loan crisis nearly over as just 8300 borrowers remain on repayment 'holidays'
With NZ's unexpected economic bounceback from COVID and horror unemployment forecasts not playing out, lenders say the majority of customers have been able to return to normal repayments, with arrears at a record low
NBR, May 18, 2020
SMEs soon have to make life-or-death calls
Surviving COVID-19 will be an uphill battle for many small and medium enterprises, but responsible finance companies are primed to assist.
NBR, May 4, 2020
Finance companies urge government "don't forget us"
Finance companies are flexible, small business specialists that are essential to the economic recovery of New Zealand post-COVID-19.
NZ Adviser, May 4, 2020
Lenders commit to helping customers impacted by COVID-19
Financial Services Federation (FSF) has warned that the battle is not over yet, as customers and businesses continue to grapple with the impacts of coronavirus.
Stuff.co.nz May 1, 2020
Credit data shows rise in financial hardship
"Federation members have been hugely responsive in assisting customers experiencing urgent financial stress, " says FSF Executive Director Lyn McMorran.